Standing Advisory Group Meeting

DATE:	June 21-22, 2004
TIME:	8:30 a.m. – 5:30 p.m.
SPEAKER(S):	Panel
EVENT:	PCAOB SAG Meeting
ADDRESS:	Atrium Hall of the Ronald Reagan Building 1300 Pennsylvania Avenue, NW Washington, DC 20004
CONTACT:	Public Affairs (202) 207-9227

8:30 a.m.	1. Welcome and Introductions
9:30 a.m.	2. Scope of the PCAOB’s Standard-Setting Activities Scope of the PCAOB’s Standard-Setting Activities International Convergence and Coordination with Standard-Setters
10:15 a.m.	3. SAG Objectives and Operations
11:15 a.m.	4. Prior Standard-Setting Activities Overview of Standard-Setting Activities PCAOB Auditing Standard No. 1, References in Auditor’s Reports to the Standards of the Public Company Accounting Oversight Board PCAOB Auditing Standard No. 2, An Audit of Internal Control Over Financial Reporting Performed in Conjunction with an Audit of Financial Statements PCAOB Auditing Standard No. 3, Audit Documentation and Amendment to Interim Standards PCAOB Rule 3101, Certain Terms Used in Auditing and Related Professional Practice Standards PCAOB Proposed Auditing Standard, Conforming Amendments to PCAOB Interim Standards Resulting from the Adoption of PCAOB Auditing Standard No. 2
1:00 p.m.	5. Revision of the Generally Accepted Auditing Standards Hierarchy
2:00 p.m.	6. Prioritization and Review of Existing Standards, Including Consideration of New Standards
5:15 – 5:30 p.m.	7. SAG Chairman’s Wrap-Up

8:30 a.m.	8. Potential Project – Auditor’s Responsibility for Communications to Investors Containing Financial Information Discuss the auditor’s responsibility for communications to investors containing financial information
10:45 a.m.	9. Potential Standard – Engagement Quality Reviews
1:45 p.m.	10. Potential Standard – Communications and Relations with Audit Committees Discuss a potential standard to conform the current auditing standard to include Sarbanes-Oxley-related audit committee requirements
3:30 p.m.	11. Potential Standard – Quality Control
5:00 – 5:30 p.m.	12. SAG Chairman’s Wrap-Up